Affinity Bancshares, Inc.

AFBI · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$49,988$45,166$34,536$35,131
% Growth10.7%30.8%-1.7%
Cost of Goods Sold$19,245$15,460$3,083$4,252
Gross Profit$30,608$29,706$31,453$30,879
% Margin61.2%65.8%91.1%87.9%
R&D Expenses$0$0$0$0
G&A Expenses$13,126$12,252$12,221$10,663
SG&A Expenses$13,126$12,252$12,221$11,002
Sales & Mktg Exp.$0$0$0$339
Other Operating Expenses$10,635$9,066$9,905$9,966
Operating Expenses$23,761$21,318$22,126$20,968
Operating Income$6,982$8,388$9,327$9,911
% Margin14%18.6%27%28.2%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$6,982$8,388$9,327$9,911
Tax Expense$1,541$1,940$2,193$2,338
Net Income$5,441$6,448$7,134$7,573
% Margin10.9%14.3%20.7%21.6%
EPS0.8511.071.1
% Growth-15%-6.5%-2.7%
EPS Diluted0.830.981.061.09
Weighted Avg Shares Out6,4146,4776,6696,885
Weighted Avg Shares Out Dil6,5756,5576,7626,948
Supplemental Information
Interest Income$47,973$42,700$32,134$32,453
Interest Expense$18,807$15,502$2,379$3,177
Depreciation & Amortization$738$735$338$674
EBITDA$7,720$9,123$9,665$10,585
% Margin15.4%20.2%28%30.1%